Excellent Opportunity to Beat Fixed Rate Investment Alternatives- 4201W McNab Rd Pompano Beach, FL 33069

Fantastic Investment Condo Opportunity

in the

Beautiful Bedroom Enclave

of

Pompano Beach, FL

PALM AIRE GARDENS CONDO

4201 W McNab Rd Unit #19

Pompano Beach, FL 33069

$144,800!!

Maintenance Fee: $257/mo!

FEATURES INCLUDE

Gated Community

2 Bedrooms

2 Baths

913 Sq Ft

Spacious Layout

Fully Equipped Galley Kitchen

Across from Palm Aire Country Club

Lush Tropical Grounds Featuring Serene Pond

Great Amenities

Pool

2 Tennis Courts

Volleyball Court

Exercise Room

Clubhouse

Check out the Virtual Tour

For those unfamiliar with the city of Pompano Beach, I found this video I thought you would enjoy.  It was developed with tourism in mind, however, it gives a great tour of the community and reveals features and attractions I never knew existed!!  Hope you like it!

Contact Me at

305.282.1763

to schedule a private showing!

Center Grove Loft! 1BR/1BA+Den! Great Price! Low Maint! IncredibleLocation!

GET TO KNOW THE GROVE

http://youtu.be/bOKpBoKicNU

and see why this is the best deal in it!

GROVE SQUARE CONDO

2801 FLORIDA AVE #220

COCONUT GROVE, FL 33133

 

1 Bedroom

1 Bath

Den

750 Sq Ft - (Largest 1BR Line in Complex)

Just Steps from Swimming Pool

1 Assigned Parking Space - Secure Underground Garage

Racquetball Court

Low Monthly Maintenance - Only $310/ Mo.

 

UNBELIEVABLE PRICE!

$239,999

 

Terrific loft style 1BR/1BA+Den condo in the heart of Coconut Grove! Roll out of bed & you're 1 block away from the shopping, bars, restaurant, fun & excitement of Cocowalk! Short walk to Peacock Park and Coconut Grove Marina. Coral Gables, Downtown Miami, Key Biscayne, U-M and Miami Beach are minutes away. Unit features updated kitchen with SS appliances, Breakfast Area Granite Counters and large living-dining area.  Largest 1BR line in complex.  Amenities include pool and racquetball court.



Den / Home Office

Kitchen

Living Room

Living Room



Dining / Breakfast Area



Living/Dining Area


Coconut Grove is host to some of South Florida's most extraordinary natural landscapes and world famous annual festivals.  All of the following photos are within walking distance of Grove Square Condo!

 

 

 

 

 

 

 

 

Oceana Key Biscayne New Construction - Pre-Completion Sale of 3BR/4.5BA High Luxury Condo in SOLD OUT Waterfront Development

 

This luxury waterfront development was SOLD OUT before it ever had a chance to be advertised.  You may not get another opportunity to own at Oceana Key Biscayne for a very long time.

 

3Beds/4.5 Baths/2,406 Sq Ft/2 Balconies

2 Parking Spaces

 

Offered at

 

$ 3,750,000

 

See Video Below for

Array of Amenities and Features

 

 

Floor Plan

 

 

Amazing Video - Turn Up The Sound!

 

 

Call or Email me for more information!

 

 305.282.1763

henry.pedroso@floridamoves.com

 

 

 

3230 Calusa St Coconut Grove, FL - Sublime Elegance Cloaked in Paradox

Nestled on a coral ridge at the foot of an unassuming cul de saq along the historic end of Tigertail Ave in the North end of Coconut Grove lies a residence whose exterior frontage is as understated as those of its neighbors.  A simple wrought iron front gate and a common two car garage are your initial impressions of the home at 3230 Calusa St.

The North Grove is known for its hodgepodge of assorted architectural styles and home designs, ranging from modest two and three bedroom cottages and Florida style ranches to residential estates of jaw-dropping splendor.  Glistening high rises dot the skyline across from sleek sea-vessels that glide along Sailboat Bay.  Joggers and cyclists are seen getting their day’s exercise up and down Bayshore Dr.  The natural beauty of the community is the stuff of enchanted fables, where the azure blue waters of Biscayne Bay commune with lush tropical landscapes beneath a sun-drenched canopy.  Occasionally, you come across a family of peacocks as you travel down one of the winding tree lined streets that fill the neighborhood.  It is truly an enthralling community where walking is the standard mode of transportation as everything you could want or need is practically within arm’s reach.

Then, as you pass through the gate and just a few steps further under a covered walkway, an astonishing metamorphosis takes place.  Originally built in 1924, the home has undergone a number of reincarnations.  This last one, however, has transformed this home into a Phoenix of architectural design and a monumental achievement in style and taste that warrants admiration ordinarily reserved for works of fine art and sculpture.  I have seen many beautiful homes over the years, and there is certainly no shortage of them in Coconut Grove.  3230 Calusa St. is one of the most remarkably beautiful residences in this community that I have seen in recent memory.
Rather than go into a long list of feature, please allow the following images to tantalize your imagination.  As beautiful as these photos may seem, they are inadequate to the task of properly depicting the magnificence of this home.

Listed for $3,150,000, I must say this home is priced well.  If my words have stirred your curiosity and captivated your imagination, I would ask that you grant me the opportunity to show it to you.

 

General Information:

Bedrooms: 5

Bathrooms: 5 1/2

Square Feet:  8,390

Lot Size: 26,795 Sq. Ft.

Real Estate Commissions - You Get What You Pay For

Real Estate Commissions: You Get What You Pay For

by The KCM Crew on March 7, 2012

Considering a Discount Broker?

Does it makes sense to pay a full commission to your real estate agent in today’s market? Sellers, buyers and even agents are debating what should be charged to assist a consumer in completing a real estate transaction. Forget what the actual amount of the commission is. The bigger question is whether you should pay a ‘full fee’ when hiring a real estate expert to guide you through the complexities of today’s rapidly changing housing environment.

 If a full fee was the rule in 2006 when completing a deal was so much simpler, why would you now consider cutting the fee of your agent in today’s tumultuous market? You are depending on this person to help you reach your goals in a sale or purchase. In 2006, buyers were willing to pay almost anything to a seller just to get into a home. Banking entities seemed to be willing to mortgage any property for any buyer. The process was rather simple.

Today, a person looking to buy or sell should be willing and ready to pay a full fee for two reasons:
You need an expert guide if you are traveling a dangerous path:

The field of real estate is loaded with land mines. You need a true expert to guide you through the dangerous pitfalls that currently exist. Finding a buyer willing to pay fair market value for your home at a time that there are mass inventories of foreclosures and short sales will take a true real estate professional. Finding reasonable financing can also be tricky in today’s lending environment.
Experts in any profession do not discount their fees; especially when the job is becoming much more difficult.
You need a skilled negotiator

In today’s market, hiring a talented negotiator could save you thousands, perhaps tens of thousands of dollars. Each step of the way – from the original offer, to the possible re-negotiation of that off after a home inspection, to the possible cancellation of the deal based on a troubled appraisal – you need someone who can keep the deal together until it closes.
When an agent is negotiating their commission with you, they are negotiating their own salary – the salary that keeps a roof over their family’s head; the salary that puts food on their family’s table. If they are quick to take less when negotiating for themselves and their families, what makes you think they will not act the same way when negotiating for you and your family? If they were Clark Kent when negotiating with you, they will not turn into Superman when negotiating with the buyer or seller in your deal.

Bottom Line
We believe that famous sayings become famous because they are true. You get what you pay for. Just like a good accountant or a good attorney, a good agent will save you money…not cost you money.

Real Estate Forecast 2012 and Beyond: Warren Buffett Says Buy, Baby, Buy!

Real Estate Forecast 2012 and Beyond: Warren Buffett Says, "Buy, Baby, Buy!"

By Hao Li

February 29, 2012 11:03 AM EST

Warren Buffett's real estate forecast for 2012 and beyond is extremely rosy, with the so-called Oracle of Omaha even recommending buying them over investing in a diversified group of leading companies.

In an interview with CNBC on Monday, Buffett said single-family homes, along with stocks, are cheap and attractive investments. By contrast, investments in Treasury bills, gold or simply keeping money in cash are not as attractive.

Buffett said if he had a way to buy "a couple hundred thousand single-family homes" and easily manage them, he would "load up on them" and "take mortgages out at very, very low rates."

However, he said that managing "a couple hundred thousand single-family homes" is an impossibly Herculean logistical task.

This line of reasoning likely holds true for many brilliant investment minds who choose not to bother with buying single-family homes -- even though they are undervalued -- when buying and owning stocks is as easy as a few keystrokes and mouse clicks on a computer.    

Because of the absence of many of these big institutional investors in the U.S. residential real estate market, it is less competitive than the stock market, Buffett said. When institutional investors of size do enter the residential real estate market, they usually go for apartment buildings, which leaves the single-family homes segment even less competitive than the general residential real estate market.
When asked if a young individual investor should buy stocks or his first single-family home, Buffett recommended buying a single-family home with a 30-year mortgage.

"It's a terrific deal," he said. "It's a leveraged way of owning a very cheap asset now and I think that's probably as an attractive an investment as you can make now."
In fact, if the young individual investor is "a handy type," he could "buy a couple of them at distressed prices and find renters," said Buffett.

Buffett is famous for only investing in assets he believes are undervalued. He must, therefore, believe that the U.S. residential real estate market is undervalued.
One valuation metric for residential properties is the price-to-rent (P/R) ratio, which roughly corresponds to the price-to-earnings (P/E) ratio for stocks.

As seen on the chart below, the rent-to-earnings ratio has fallen to 2004 levels.





Moreover, as the economy recovers, both rent and housing prices should rise as well.

A perhaps even better argument that the real estate market is historically cheap, however, is that mortgage rates are at or near the historic low.

Mortgage rates are a huge driving factor of the ultimate cost of purchasing a home.

For example, the total interest expense of a $200,000, 30-year fixed-rate mortgage at a 4 percent mortgage rate, which is the current rate, is $144,000. At 10 percent, which was the prevalent rate in 1990, interest expense comes to $432,000.